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Corporate Economy Expressions Markets Leisure Tuesday, March 17, 1998   Britannia likely to unveil new cheese spread next month Britannia Industries, after its initial success in the dairy product segment, is gearing up for another offering in the market -- the cheese spread. The new product is expected to launched sometime in April. The company plans to take the market by storm through the launch of its new product.   Telco signs pact with four auto-financiers Telco has entered into an arrangement with four large auto-financiers and is offering them incentives and other benefits for selling Tata vehicles. The four companies are GE Capital, Citibank, Sundaram Finance and Cholamandalam Finance. Tata Sons seeks FI nod to charge logo fee from group firms Tata Sons has sought the approval of the financial institutions to charge a subscription fee from group companies for using the "Tata" name and logo. The institutions have been approached on the matter given the fact that they happen to be major equity stakeholders in various Tata companies. Bharat Petroleum Corp mulls hike in Bina refinery output Bharat Petroleum Corporation may consider increasing the capacity of the Bina refinery, being commissioned in partnership with the Oman Oil Company. The six-million-tonne facility is scheduled to be operational by 2002. Both BPCL and Oman Oil Company will hold a 26% stake in the refinery.   Telstra sale unlikely to dampen retail spending The privatisation of the remaining two-thirds of Australian telecommunications carrier Telstra Corp Ltd could see a small increase in household debt and a blip in retail spending. However, it is felt that the overall impact of the $40-billion selloff on the real economy is likely to be muted. Mysore Kirloskar may merge ailing institute with itself Mysore Kirloskar is likely to bring under its fold the ailing Kirloskar Institute of Advanced Management Studies. The company has convened a meeting of its secured creditors on April 14 to get the required approvals from them for the proposed amalgamation. The company had plans to raise some funds for its expansion programmes.     GM India may launch Corsa model next year   World Briefing   Launches are on track, says Microsoft   IBM Software sees flat Asia growth in 1998   Short-sell in ITC Ltd   Acer chief sees future in software industry   Arun Jaitley likely to opt out of HLL legal team   Pratibha seeks partners, to keep majority   Shekhar Dutta to call it day at Greaves   Corporate Briefing   Bleeding Hyderabad firm wipes out its net worth   Raasi Cement denies picking up stake in Sri Vishnu Cement   India Cements chief meets FI core panel members   Mutual funds' body to plead with SEBI for change in audit norms   UBI to operate as CSE's second clearing bank   HLL, Pond's India boards announce merger swap ratio of 3   White knights come to Raasi Cement's rescue   JP Morgan to pull out of I-Sec